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Category: FINANCE

Posted on 17/10/2024

China hedge funds caught out by abrupt market surge

China's abrupt and ferocious stock market rally has slammed some of the country's biggest hedge funds, forcing them to hastily cover short positions and take losses on their bets in the heavily ... ( read original story ...)

Posted on 17/10/2024

Hong Kong stocks halt 3-day decline on plan to reinvigorate IPOs, China ministry briefing

Investors await details from a press conference held by China’s Housing Minister Ni Hong for reviving the nation’s property market. ( read original story ...)

Posted on 17/10/2024

HSBC Innovation Forum discusses digitisation of trade and payments ecosystem

Bangladesh recently arranged an event, titled, “HSBC Innovation Forum: Digital Transformation of Payments and Trade Solutions”..The event took place at The Westin Dhaka, where the forum discussed and ... ( read original story ...)

Posted on 16/10/2024

Soy-sauce producer Haitian plans to raise US$1.5 billion in Hong Kong IPO, sources say

The Guangdong-based company is in talks with advisers on a potential share sale in the Asian financial hub and a listing could happen in the first half of next year. ( read original story ...)

Posted on 16/10/2024

Alibaba-backed Qiniu Shares Plunge 58% on Hong Kong IPO Debut

Alibaba-backed cloud company Qiniu shares plunged in its Hong Kong debut, as sentiment in Chinese equity markets soften amid disappointment over the lack of details about Beijing's measures to support ... ( read original story ...)

Posted on 15/10/2024

Shanghai pays tribute to foreign-invested enterprises

Shanghai acknowledged the Top 100 foreign-invested enterprises (FIEs) in four rankings on Tuesday based on their 2023 performance in operating revenue, import and export volume, tax contributions and ... ( read original story ...)

Posted on 15/10/2024

As China Admits Economic Difficulties, Hong Kong Becomes Irreplaceable

Drew Bernstein, co-chair of MarcumAsia, explains why Hong Kong is showing signs of strength - which is essential to China's rebound. ( read original story ...)

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